DOJ adds major landlords to antitrust lawsuit against RealPage
Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of 'millions' of renters
by Jim Dalrymple II Jan 7
Objections fly in against NAR and HomeServices settlement deals
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
Collusion in plain sight: The danger lurking in state association forms
Opinion
In an analysis of more than 20 forms from various states, coach Darryl Davis identified a disturbing pattern: identical clauses between competing entities that suggest a dangerous level of collusion
by Darryl Davis Oct 15
RealPage lays off 4% of workforce amid ongoing lawsuits and probe
The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent
by Taylor Anderson Jun 28
RealPage breaks silence on federal price-fixing probe into Yardi system
CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn't responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market
by Ben Verde Jun 18
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry
by Ben Verde Jun 6
Hyatt, Hilton among those accused of price-fixing in new antitrust suit
A lawsuit filed last week in California alleges that the hotel industry engaged in illegal price-fixing using AI-powered software from IDeaS
by Taylor Anderson May 1
DOJ launches criminal probe into RealPage amid rent-fixing scandal
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a 'price-fixing combination'
by Ben Verde Mar 25
NAR CEO Nykia Wright appears — and disappears — in 'odd' new video
In a video that abruptly vanished from NAR's website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn't currently being accused of — and welcomed competition from AREA
Court says $200B commission suit against NAR must go forward
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
by Andrea V. Brambila Jan 18
NAR will argue for 'complete reversal' of Sitzer | Burnett verdict
The National Association of Realtors' legal team on Monday blamed the ruling on the judge. The plaintiffs' attorney, meanwhile, said NAR hadn't 'learned anything' from its 'resounding defeat'
by Andrea V. Brambila Nov 14
Sitzer | Burnett: Live updates from the buyer-agent commission trial
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
by Inman Oct 16
Court deals blow to NAR, KW, Anywhere in commission suit
Judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing Sitzer/Burnett case to continue toward new October trial date
by Andrea V. Brambila Dec 19
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
Compass faces fourth lawsuit since initial public offering
Former Compass agents Todd and Lisa Sheppard have filed a class-action suit against the brokerage for allegedly price-fixing and making unfair commission deductions
by Marian McPherson May 4